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Partnership Agreement
A document that outlines the rights, responsibilities, and obligations of the partners in a business venture.
Partnership Organization
A type of business structure where two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Agreement.
Risks
The potential for experiencing loss, damage, or any other undesirable event.
Limited Partnership
A partnership arrangement with at least one general partner who manages the business and is liable for its debts, and one or more limited partners with liability restricted to their investment.
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